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MRPL reports net loss of Rs 951.47 crore in Q2

13 Nov 2014 Evaluate

Mangalore Refinery & Petrochemicals (MRPL) has reported results for second quarter ended September 30, 2014.

The company has reported a net loss of Rs 951.47 crore for the quarter under review as compared to a net profit of Rs 235.77 crore for the same quarter in the previous year. Total income of the company has decreased 14.33% at Rs 16101.42 crore for Q2FY15 as compared Rs 18795.78 crore for the corresponding quarter previous year.

MRPL, a schedule ‘A’ CPSE and a subsidiary of ONGC is a State of Art Grassroot Refinery located in a beautiful hilly terrain, north of Mangalore city, in Dakshin Kannada region.

Peers
Company Name CMP
Reliance Industries 1205.80
Indian Oil Corpn. 129.90
Bharat PetroleumCorp 292.70
HPCL 339.05
MRPL 182.05
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